TOP 10 Forex Brokers in South Africa for 2022

We've collected thousands of datapoints and written a guide to help you find the best South Africa Brokers for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best South Africa brokers below.

1. Exness

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Exness Group was founded in 2008 and provides investors with a wide range of financial products, including currency pairs, metal encrypted digital currencies, energy, indices, and stocks. Besides, the company provides its customers with the highest quality customer service through a personalized and truly international approach. Exness official website has been localized into 15 languages, and the customer service spans 13 languages, of which 11 languages are available 24 hours a day, five days a week. English and Chinese customer services are available 24 hours a day, seven days a week.

2. IC Markets

Established in 2007, the company has demonstrated an insightful history up until this point. The secret of the broker is that it provides genuine ECN market access and has entirely great trading fees for the best innovation in trading.

Security is a main priority at IC Markets. Client balances are overseen independently from company funds at the Australian National Bank (NAB). Also, the broker has the biggest liquidity suppliers included, which shows a serious level of earnestness. Accordingly, there is a quick execution of orders and no requotes. High liquidity for traders is given by IC Markets.

Right now the company is growing in different nations and gains enormous prominence. The company has base camp in Australia, Seychelles, and Cyprus. Most traders are trading under the Seychelles enitity since there is high influence up to 1:500 considered each client.

3. XM

With over 5,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader.

XM is currently built of more than 600 professionals with long-year experience in the financial industry.

Their extensive experience combined with support for well over 30 languages, makes XM the broker of choice for traders of all levels, anywhere.They have the expertise and the resources to help everybody realize their investment goals, like only a big broker can.

4. DBG MARKETS

Established in 2007, DBG Markets is a premium multi-asset online brokerage with headquarters in London and Melbourne and offices in the Asia-Pacific, Europe, South America, Middle East, and North Africa. DBG Markets offers traders access to a wide range of markets including Forex, Precious Metals, shares, indices, commodities, cryptocurrencies, commodities and more.

5. TMGM

TMGM, or Trademax Global Markets, is an Australia-based global forex broker founded in 2013. TMGM has several branches and is regulated by the ASIC in Australia and the Financial VFSC in Vanuatu: TRADEMAX Australia Limited is regulated by the Australia Securities and Exchange Commission ( regulation number 436416), TRADEMAX Global Markets (NZ) Limited authorized and regulated by Financial Markets Authority (Regulatory license number 568807), and Trademax Global Limited is regulated and licensed by the Vanuatu Financial Services Commisson offshore, with regulatory number 40356. TMGM provide clients with the sophisticated MetaTrader 4, MetaTrader 5, Iress and HubX trading platforms for trading multiple tradable assets, such as CFDs on forex currency pairs, commodities, indices, metals, energies, cryptocurrency and shares.

6. EightCap

Eightcup was established in 2009 in Melbourne, Australia's traditional financial center, offering both the MT4 and MT5 trading platforms, as well as two accounts, users can trade over 250 financial instruments. Eightcup currently holds a full license from the Australian Securities and Investments Commission (ASIC) with license No.391441, and a retail forex license from the Vanuatu Financial Services Commission (VFSC), license No.40377.

7. FP MARKETS

Founded in 2005, FP Markets is another great forex broker in the European market regulated by ASIC, one of the strictest regulations in the world of trading. The broker allows all clients to trade on more than thirteen thousand instruments, including metals, commodities, cryptocurrency, and more.

FP Markets is a group of a few well-recognized companies, which incorporates First Prudential Market Ltd., regulated and authorized by the Cyprus Securities and Exchange Commission. This broker offers different types of accounts, keeping all kinds of traders in mind. You can opt for a commission-free standard account with this broker as a novice trader. On the other hand, you can also take help from a raw account, which is commission-based.

8. FOREX.COM

FOREX.com is the leading global retail online trading brand of Gain Capital, owned by NASDAQ-listed StoneX Group Inc. Founded in 1999, this company has developed into a global leader in online trading and operates through its regulated subsidiaries in seven major financial jurisdictions around the world, including the Financial Conduct Authority (FCA), the Commodity Futures Commission (CFTC), the American National Futures Association (NFA), the Australian Securities and Investments Commission (ASIC), and the Japan Financial Services Authority (FSA). Financial Services Authority (FSA), Monetary Authority of Singapore (MAS), and Cayman Islands Monetary Authority (CIMA). The company is currently regulated by two of the world's leading primary regulators, with credible security.

9. easyMarkets

easyMarkets is a highly rated, award-winning financial service provider founded in 2001 which is headquartered in Cyprus with offices in Australia. The company holds multiple licenses and is regulated by CySEC for activities in the European region and ASIC for activities in the Southwest Pacific and Southeast Asian region.

easyMarkets provides its clients access to over 200+ CFD investment and trading instruments including shares, currencies, indices, industrial and precious metals, energy commodities, agricultural commodities and cryptocurrencies.

10. CTRL INVESTMENTS

Established in 2010, CTRL Investments is registered firm situated in Canterbury New Zealand and is an integral part of the Stock Exchange Industry. CTRL Investments Limited has about 120 employees placed across all its locations.

CTRL Investments Limited is a New Zealand incorporated company (Company No. 2446590, NZBN 9429031595070) and a registered foreign company in Australia (ARBN 152 535 085). CTRL Investments Limited is licensed and regulated by the New Zealand Financial Markets Authority (FSPR No. FSP197465) and the Australian Securities and Investments Commission (AFSL No. 414198).